NSE: TTKPRESTIG · BSE: 517506
TTK PRESTIGE LTD
Manufactures and sells kitchen appliances and cookware in India — including induction cooktops, pressure cookers, gas stoves, and triply, ceramic and cast iron cookware — under the Prestige and Judge brands. Operates 6 plants with 3,970 employees and workers, including manufacturing units at Hosur, Tamil Nadu and Roorkee, Uttarakhand. Distribution is through 700+ exclusive Prestige stores alongside general retail, with the domestic market dominating — Q1 FY27 domestic revenue was Rs 758.6 cr versus exports of Rs 12.8 cr. FY26 consolidated revenue was Rs 2,973.57 cr with net profit of Rs 156.67 cr; Q1 FY27 standalone revenue grew 34% year-on-year to Rs 771.36 cr. Reported FY26 cost mix: materials 17.3% of revenue, employees 10.6%, other operating expenses 23.4%, depreciation 2.7%, capex 3.0%. Raw material inflation of ~10% (15% in select categories) is flagged as a current headwind, while management is executing a multi-year capex and opex investment programme — about INR300 cr capex and INR200 cr opex — targeting EBITDA margin of 13-14% after the cycle ends. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Kitchen appliances, Cookware, Judge brand, Exports. Branded consumer durables — kitchen appliances and cookware sold through exclusive retail plus general trade.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,722 | 2,777 | 2,678 | 2,715 | 2,974 |
| EBITDA (ex other income) | 426 | 359 | 304 | 186 | 248 |
| margin % | 15.6 | 12.9 | 11.3 | 6.9 | 8.4 |
| Owners' profit | 305 | 254 | 228 | 111 | 157 |
| EPS, as reported (₹) | 21.99 | 18.34 | 16.48 | 8.17 | 11.73 |
| ROE % · ROCE % | 17.6 · 23.0 | 13.0 · 16.8 | 10.8 · 14.1 | 5.8 · 9.2 | 7.9 · 10.8 |
| Debt / equity (x) | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 |
| Cash from operations | 294 | 199 | 289 | 157 | 210 |
| Capex | (42) | (68) | (68) | (42) | (88) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 750 | 727 | 650 | 609 | 834 | 801 | 729 | 814 |
| Profit before tax | 70 | 75 | (26) | 35 | 88 | 40 | 57 | 81 |
| Net profit | 52 | 57 | (42) | 26 | 63 | 32 | 36 | 59 |
| EPS (₹) | 3.82 | 4.27 | (2.97) | 1.94 | 4.69 | 2.40 | 2.69 | 4.33 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| LG ELECTRONICS INDIA LTD | 1,14,787 | 62.9 | 14.97 | — | 22.0 | 27.2 | — | 13.8 |
| VOLTAS LTD | 33,490 | 74.6 | 5.23 | 39.3 | 5.8 | 9.9 | 13.8 | 7.6 |
| BLUE STAR LIMITED | 32,855 | 64.5 | 9.57 | 34.7 | 15.4 | 18.9 | 23.8 | 6.1 |
| AMBER ENTERPRISES (I) LTD | 21,873 | 227.3 | 3.77 | 23.6 | 3.9 | 5.3 | 32.1 | 6.1 |
| CROMPT GREA CON ELEC LTD | 13,161 | — | 3.83 | 95.3 | (6.7) | (2.1) | 11.0 | 11.0 |
| V-GUARD IND LTD. | 11,534 | 31.7 | 4.86 | 21.8 | 13.0 | 15.5 | 17.0 | 11.2 |
| WHIRLPOOL OF INDIA LTD | 10,555 | 42.1 | 2.54 | 15.3 | 7.1 | 8.1 | 6.4 | 7.6 |
| TTK PRESTIGE LTD ◆ | 7,280 | 37.7 | 3.69 | 23.1 | 7.9 | 10.2 | 6.3 | 13.0 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 37.7 | 42.1 | 9 of 19 | 56% |
| P/B | 3.7 | 4.4 | 8 of 23 | 68% |
| ROCE | 10.2 | 9.4 | 10 of 24 | 61% |
| ROE | 8.0 | 7.1 | 11 of 23 | 55% |
| Debt / Equity | 0.0 | 0.0 | 10 of 23 | 59% |
| EBITDA margin | 13.0 | 7.6 | 6 of 23 | 77% |
| Revenue growth | 33.6 | 15.4 | 4 of 22 | 86% |
| Profit growth | 130.2 | 38.1 | 3 of 21 | 90% |
| Market cap | 7280 | 3722 | 8 of 24 | 70% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · TTK Prestige redeems full investment in GramyaHaat | strategic transactions | low | — | — |
| 16 Oct 2026 · Allotment of 685 equity shares under ESOP Plan 2023 | capital market events | low | — | — |
| 15 Oct 2026 · Earnings call scheduled for Q2 and H1 FY27 results on November 6 | board shareholder meetings | low | — | — |
| 13 Oct 2026 · Routine filing of demat/remat certificate for Q2 FY27 | compliance | minimal | — | — |
| 1 Oct 2026 · TTK Prestige completes sale of 51% stake in Ultrafresh Modular Solutions | strategic transactions | high | — | — |
| 23 Sept 2026 · Board Meeting on Nov 6, Trading Window Closed Oct 1 to Nov 8 | results | low | — | — |
| 11 Sept 2026 · Postal Ballot Result: Appointment of R. Srinivasan as Director Approved | board shareholder meetings | low | — | — |
| 11 Sept 2026 · TTK Prestige appoints R Srinivasan as Non-Executive Non-Independent Director | management changes | medium | — | — |
| 11 Sept 2026 · Postal Ballot Results: Director Appointment Approved | board shareholder meetings | medium | — | — |
| 31 Aug 2026 · TTK Prestige 70th AGM Minutes - Dividend Rs 7.50 per share approved | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.